Tag: carbon capture and storage (CSS)
Oil industry rides into climate summit bigger than ever – POLITICO
This article is part of the Road to COP special report, presented by SQM.
WASHINGTON — Eight years after Paris, the oil business is bigger than ever.
Profits are soaring. Production is climbing — and marking a record year in the United States. The industry is even poised to gain from the crusade to rein in climate pollution, including the billions of dollars in incentives that U.S. President Joe Biden is offering for wind farms, battery minerals and carbon-carrying pipelines.
Who’s who at COP28 – POLITICO
This article is part of the Road to COP special report, presented by SQM.
The annual U.N. climate summit that starts November 30 has become one of the biggest diplomatic setpieces in the global political calendar.
Organizers are expecting more than 70,000 people to descend upon Dubai’s Expo City: activists, billionaires, presidents, Indigenous leaders, business executives, monarchs and diplomats from every corner of the world. A few will hold sway over the outcome of the talks. Some will make noise
Rishi Sunak’s trying to drive in both lanes on net-zero – POLITICO
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LONDON — Save the planet without offending motorists or your own warring MPs. What could be simpler?
Rishi Sunak’s Conservative Party is languishing in the national polls as an election looms next year. But the U.K. prime minister has seized on a recent by-election victory to side with drivers against government environmental action, and enraged green groups by pressing ahead with a plan to allow more oil and gas
Billionaire rethinking new UK green investment after Sunak backs ‘failed tech’ carbon capture – POLITICO
LONDON — An Australian billionaire says he may step back from investing in U.K. green technologies after the government announced new backing for carbon capture and storage (CCS) technology.
Andrew Forrest, an international investor and climate philanthropist, said U.K. government plans to put billions of pounds into CCS meant “putting Britain’s hopes [on] failed technology.”
Prime Minister Rishi Sunak confirmed on Monday that the government would be investing in CCS projects in Northeast Scotland and the Humber.
The government has
Rishi Sunak to green-light hundreds of new oil and gas licenses in North Sea – POLITICO
LONDON — The U.K. will grant hundreds of new oil and gas licenses for the North Sea as Rishi Sunak’s government continues to lean on fossil fuels as part of its energy strategy.
The U.K. prime minister said on Monday that approving the new licenses would “bolster” energy security and create jobs, as well as build space for carbon capture usage and storage (CCUS) projects — but his plans drew immediate warnings from green groups.
The North Sea Transition Authority
Rishi Sunak wants review of local traffic-reduction schemes – POLITICO
LONDON — Local schemes to reduce traffic in some U.K. neighborhoods will be reviewed by the central government as Prime Minister Rishi Sunak leans into concerns about the impact of pollution-cutting measures on motorists.
The U.K. government on Sunday announced that it would be reviewing so-called Low Traffic Neighbourhoods (LTNs), although added that it would only provide details of the review in “due course.”
Sunak told the Sunday Telegraph he would appraise low traffic schemes because the “vast majority” of